NYSE$NUVB
Nuvation Bio Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Nuvation Bio reported Q1 2026 total revenue of $83.2M and net income of $5.4M on IBTROZI launch and collaboration revenue.
For the quarter ended March 31, 2026, Nuvation Bio recorded total revenue of $83.2 million (product revenue $18.5 million, collaboration and license revenue $64.7 million) versus $3.1 million. The company reported net income of $5.4 million compared with a $53.2 million loss, reflecting IBTROZI commercialization and license economics.
- Total revenue $83.2M; product revenue $18.5M.
- Net income $5.4M vs. $(53.2)M loss prior year.
- R&D expense $35.0M on pipeline programs.
- First profitable quarter aided by collaboration revenue.
Headline financials
Revenue & EPS history
Nuvation Bio · Revenue · Quarterly
$83.2M
Forward guidance
Commercial launch outlook for IBTROZI and partnership milestones drive expectations; quarterly profitability may vary with license revenue timing.
Tailwinds
- Swing to profitability on product and collaboration revenue.
- FDA-approved IBTROZI commercial ramp underway.
Headwinds
- Heavy reliance on collaboration revenue in Q1.
- R&D spend remains elevated for oncology pipeline.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
+1.1%
Avg return
Earnings day
+2.7%
Avg return
5 days after
+9.3%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+16.4%
Q3 2023
Best reaction
-25.2%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | +6.7% | +4.9% | |
| Q4 2025 | -25.2% | -21.4% | -24.5% | |
| Q3 2025 | -6.2% | -8.5% | +60.7% | |
| Q1 2025 | +3.5% | +7.4% | +21.6% | |
| Q4 2024 | +1.0% | +0.0% | +0.5% | |
| Q3 2024 | +12.9% | +29.7% | +22.8% | |
| Q2 2024 | -11.3% | -15.8% | -10.4% | |
| Q1 2024 | -2.1% | -1.5% | -11.3% | |
| Q4 2023 | +13.2% | +10.7% | +84.8% | |
| Q3 2023 | +16.4% | +15.5% | +14.7% | |
| Q2 2023 | +0.5% | +12.0% | -10.4% | |
| Q1 2023 | +4.4% | +0.6% | +6.9% | |
| Q4 2022 | +1.2% | +0.6% | +8.4% | |
| Q3 2022 | -3.7% | -7.4% | -7.8% | |
| Q2 2022 | +7.8% | +12.1% | +26.8% | |
| Q1 2022 | -1.8% | -9.3% | -18.4% | |
| Q4 2021 | -8.3% | -13.7% | +0.8% | |
| Q3 2021 | +3.6% | +6.2% | +4.0% | |
| Q2 2021 | +8.6% | +4.3% | +11.1% | |
| Q1 2021 | +8.9% | +26.7% | -0.1% |
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